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Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Swiss Franc/Hungarian Forint (FOREX:CHFHUF)
Long-Term Uptrend (+90) - CHFHUF is in a strong uptrend that is likely to continue. While CHFHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CHFHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CHFHUF
The long-term trend has been UP since Jul 8th, 2021 at 330.56616
The intermediate-term trend has been UP since Sep 20th, 2021 at 325.19968
The short-term trend has been UP since Oct 15th, 2021 at 336.87181
Smart Scan Analysis for CHFHUF
Based on our trend formula, CHFHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 341.25402 | 341.49120 | 339.99745 | 340.83000 | -0.42402 |
| Prev. Close | Volume | Bid | Ask | Time |
| 341.25402 | 2021-10-22 05:56:31 |